Apartments for Rent in the Downtown Minneapolis Neighborhood of Minneapolis, MN Under $1,000 (81 Rentals)

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Five15 on the Park
$965 - $1,862
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$965 - $1,862
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Five15 on the Park

515 15th Ave SMinneapolis, MN 55454
Furnished
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  • Low Income
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225 Place Apartments
Rent Specials
$953
Total Monthly Price

Total Monthly Price

Base Rent
$949
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio Apartments Available Now

225 Place Apartments

225 W 15th StMinneapolis, MN 55403
Corporate Housing
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  • Utilities Included
  • 3D Tour

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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The Villa Apartments
$945 - $975
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $925
Required Monthly Fees
$50
Total Monthly Price
$945 - $975
Studio Apartments Available Now

The Villa Apartments

1111 S 7th StMinneapolis, MN 55415
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Loring Grove Apartments
$875 - $1,360
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875 - $1,360
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Jun 12

Loring Grove Apartments

125 Oak Grove StMinneapolis, MN 55403
Corporate Housing
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Oak Grove Downtown
$880
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$865
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio Apartments Available Jun 12

Oak Grove Downtown

116 Oak Grove StMinneapolis, MN 55403
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  • Utilities Included
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Studios at 7 Corners
$975 - $1,545
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925 - $1,495
Required Monthly Fees
$50
Total Monthly Price
$975 - $1,545
Studio to 2 Bedroom Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
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214 Place Apartments
Rent Specials
$903 - $1,283
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $1,279
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

214 Place Apartments

214 W 15th StMinneapolis, MN 55403
Affordability
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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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Remington Apartments
Rent Specials
$745 - $1,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$745 - $1,300
Total Monthly Price
$745 - $1,300
Studio to 2 Bedroom Apartments Available Soon

Remington Apartments

708 5th St SEMinneapolis, MN 55414
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Haverhill Apartments
Rent Specials
$782 - $837
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $820
Required Monthly Fees
$17
Total Monthly Price
$782 - $837
Studio to 1 Bedroom Apartments Available Now

Haverhill Apartments

32-34 Spruce PlMinneapolis, MN 55403
Transit Friendly
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  • Low Income
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The Redwell
Rent Specials
$995 - $1,346
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,346
Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

The Redwell

1020 3rd St NMinneapolis, MN 55401
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Brentwood Apartments
$752 - $767
Total Monthly Price

Total Monthly Price

Base Rent
$735 - $750
Required Monthly Fees
$17
Total Monthly Price
$752 - $767
Studio Apartments Available Now

Brentwood Apartments

117-127 W Grant StMinneapolis, MN 55403
Affordability
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  • Customer Reviewed
  • Low Income
property at 431 S 7th St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

Studio, 1 Bath Home for Rent

Available Now

431 S 7th St

MinneapolisMN55415

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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327 University Ave SE
Studio to 2 Bedroom Apartments

327 University Ave SE

327 University Ave SEMinneapolis, MN 55414
  • Utilities Included
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Lowry Hill Apartments
1 Bedroom Apartments

Lowry Hill Apartments

715 Douglas AveMinneapolis, MN 55403
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1101 S 7th St
1 Bedroom Apartments

1101 S 7th St

1101 S 7th StMinneapolis, MN 55415
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Elliot East Condos
Studio to 2 Bedroom Apartments

Elliot East Condos

928 Chicago AveMinneapolis, MN 55404
  • Utilities Included
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624 4th Ave SE
1 Bedroom Apartments

624 4th Ave SE

624 4th Ave SEMinneapolis, MN 55414
  • Utilities Included
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Drexel Apartments
Studio to 2 Bedroom Apartments

Drexel Apartments

1009 Park AveMinneapolis, MN 55404
  • Utilities Included
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4th Street Apartments
1 Bedroom Apartments

4th Street Apartments

316 4th St SEMinneapolis, MN 55414
  • Utilities Included
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621 5th Ave.
1 to 2 Bedroom Apartments

621 5th Ave.

621 5th Ave SEMinneapolis, MN 55414
Student Housing

Downtown Minneapolis - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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Downtown Minneapolis, Minneapolis, MN Local Guide

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Minneapolis, Minneapolis, MN

Ranked #14

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown Minneapolis

How much are Studio apartments in Downtown Minneapolis?

There are currently 241 Studio Apartments in Downtown Minneapolis with rent ranges from $653 to $3,311 with an average price of $1,320.

What is the current price range for One Bedroom Downtown Minneapolis Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Downtown Minneapolis ranges from $782 to $7,259 with an average monthly rent of $1,769.

What does renting a Two Bedroom Apartment in Downtown Minneapolis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown Minneapolis range from $1,045 to $10,500. Today's average rental price for Two Bedrooms here is $2,732.

How expensive are Downtown Minneapolis Three Bedroom Apartments?

There are currently 70 Three Bedroom Apartments listings available in Downtown Minneapolis on ApartmentHomeLiving.com. The pricing ranges from $1,800 to $13,719 - averaging $4,794 for the location.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

Written by: Stephanie Lica

Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.